(PRESS RELEASE) PARIS, 6-Mar-2020 — /EuropaWire/ — Total to provide 25 megawatt-peak (MWp) of solar rooftops for 24 facilities of Betagro. The binding contract was signed through its affiliate Total Solar Distributed Generation. Betagro is one of the largest food companies in Thailand.
Jointly, the whole project constitute one of the largest portfolios of corporate PPAs in Thailand, since each one of these projects benefits from a 20-year Power Purchase Agreement (PPA).
The project will help decrease Betagro’s carbon footprint by 26.000 tons of CO2 over the life of the solar rooftops while providing about 15% of the company’s total power consumption. All these, thanks to the projects, which are equipped with over 62.000 solar panels, are designed to generate nearly 38 GWh of renewable electricity per year.
“With this project in Thailand, Total Solar Distributed Generation continues to grow its reach in the dynamic solar market in Southeast Asia where renewables will represent 30% of power generation sources by 2040¹.
“We are committed to helping our commercial and industrial customers drive down both their energy costs and carbon footprint by providing reliable fully integrated solar solutions” commented Julien Pouget, Senior Vice President, Renewables at Total.
“Betagro runs business on the sustainable way which not only improve society’s quality of life while reducing impact to environment. We also have strong interest in clean and environmentally friendly energy such as solar power. The implementation of these solar-powered solutions will be very beneficial to our operations, effectively managing to drive down our costs and the impact on environment. We are confident that the partnership with Total Solar Distributed Generation, will help Betagro Group achieve these objectives,” explained Mr. Vasit Taepaisitphongse, CEO and President, Betagro Group.
Total and Low-Carbon Electricity
Total integrates climate change into its strategy and is staying ahead of new energy market trends by building a portfolio of low-carbon businesses that could account for 15 to 20% of its sales by 2040. Total’s gross low-carbon power generation capacity worldwide is currently close to 7 gigawatts including 3 gigawatts from renewable energies.
Since the beginning of 2020, over 5 GW of solar projects were announced, the Group is well on track to reach its objective of 25 GW of installed power generation capacity from renewable sources by 2025.
¹Source : International Energy Agency
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